Fortune 1000

Semi-Stow Expands into Indianapolis Metro with Acquisition of 12-Acre Truck Parking Site

Retrieved on: 
Tuesday, January 16, 2024

AUSTIN, Texas, Jan. 16, 2024 /PRNewswire-PRWeb/ -- Semi-Stow today announced the opening of a 12-acre semi-truck parking property at 220 S Belmont Ave, Indianapolis, Indiana. The truck yard, which includes an onsite maintenance facility and office space, marks Semi-Stow's first location in the Indianapolis metropolitan area. Reservations can be booked online at semi-stow.com/indy.

Key Points: 
  • Semi-Stow is the nation's leading provider of secure truck parking lots with more than 30 locations and 7,000 parking spaces.
  • The truck yard, which includes an onsite maintenance facility and office space, marks Semi-Stow's first location in the Indianapolis metropolitan area.
  • AUSTIN, Texas, Jan. 16, 2024 /PRNewswire-PRWeb/ -- Semi-Stow today announced the opening of a 12-acre semi-truck parking property at 220 S Belmont Ave, Indianapolis, Indiana.
  • The Indianapolis location is part of Semi-Stow's ongoing investment in expanding its nationwide footprint of truck parking and trailer storage.

Penn Mutual expands annuity portfolio with Deferred Variable Annuity (DVA)

Retrieved on: 
Wednesday, January 10, 2024

HORSHAM, Pa., Jan. 10, 2024 /PRNewswire/ -- The Penn Mutual Life Insurance Company (Penn Mutual), a Fortune 1000 company, has announced the addition of the Deferred Variable Annuity (DVA) product to its growing annuity portfolio. Issued through Penn Mutual's wholly owned subsidiary, The Penn Insurance and Annuity Company, DVA offers a diverse selection of lower-fee investment options all managed by Vanguard — one of the nation's most well-known investment management companies.

Key Points: 
  • HORSHAM, Pa., Jan. 10, 2024 /PRNewswire/ -- The Penn Mutual Life Insurance Company (Penn Mutual), a Fortune 1000 company, has announced the addition of the Deferred Variable Annuity (DVA) product to its growing annuity portfolio.
  • Issued through Penn Mutual's wholly owned subsidiary, The Penn Insurance and Annuity Company, DVA offers a diverse selection of lower-fee investment options all managed by Vanguard — one of the nation's most well-known investment management companies.
  • "DVA offers a diversified mix of lower-fee Vanguard investment options spanning asset classes and risk tolerances so clients can create a customized portfolio that specifically addresses their needs," said Jacqueline Fallon, vice president of product management at Penn Mutual.
  • "DVA provides lifetime income that clients are looking for — plus add on options that provide strong guarantees and premium protection, for those concerned with market volatility as they approach retirement."

Beacon Technology Launches Beacon Detect: A Novel Cybersecurity Approach for Mid-Market and Industrial Sectors

Retrieved on: 
Tuesday, January 9, 2024

MIAMI, Jan. 9, 2024 /PRNewswire-PRWeb/ -- Beacon Technology, based in Miami's Wynwood area, a thriving center for tech startups, launched Beacon Detect in January. The experienced team, with over 90 years in top consultancies and Fortune 1000 companies, introduces this innovative platform to meet the pressing cybersecurity needs of mid-market entities and industrial sectors. Beacon Detect capitalizes on a significant market opportunity, identified in a recent McKinsey report, which highlights a $2 trillion potential and stresses the need for affordable, effective cybersecurity solutions for SMBs and mid-market companies facing advanced digital threats.

Key Points: 
  • Beacon Technology Launches Beacon Detect: Affordable, Advanced Cybersecurity for Mid-Market Sectors & Industrial Players
    MIAMI, Jan. 9, 2024 /PRNewswire-PRWeb/ -- Beacon Technology, based in Miami's Wynwood area, a thriving center for tech startups, launched Beacon Detect in January.
  • "Beacon Detect transcends traditional cybersecurity solutions; it's our strategic answer to the rapidly evolving cyber threats.
  • Especially for mid-market sectors, where vulnerabilities are most acute, Beacon Detect is the key to closing those critical security gaps," said Rob Vazquez, CEO of Beacon Technology.
  • For more information about Beacon Detect and its impactful approach to cybersecurity, visit https://detect.solutions .

Tech-Focused Executive Search Firm Riviera Partners Promotes Justin Cottrell to Partner in Its Growing Private Equity-Backed Practice

Retrieved on: 
Monday, January 8, 2024

San Francisco, CA, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Riviera Partners , the premier global executive search firm specializing in recruiting top-tier technology, product, and design leaders, has promoted Justin Cottrell to Partner within its private equity-backed practice.

Key Points: 
  • San Francisco, CA, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Riviera Partners , the premier global executive search firm specializing in recruiting top-tier technology, product, and design leaders, has promoted Justin Cottrell to Partner within its private equity-backed practice.
  • This promotion expands the leadership team of Riviera’s Private Equity-backed practice to four partners.
  • A leader in the tech-focused executive search space for more than 20 years, Riviera’s Private Equity practice developed organically with a few foundational private equity partners and quickly grew into a leading practice.
  • “Justin is a valuable asset to the Riviera team and our clients,” said Eric Larson, Managing Partner of Riviera Partners’ Private Equity-backed practice.

Horizon3.ai Appoints Torie Runzel as Vice President of People

Retrieved on: 
Monday, January 8, 2024

Horizon3.ai , a leading provider of autonomous security solutions, today announced that Torie Runzel has joined as Vice President of People, effective immediately.

Key Points: 
  • Horizon3.ai , a leading provider of autonomous security solutions, today announced that Torie Runzel has joined as Vice President of People, effective immediately.
  • Using NodeZero, organizations find their exploitable weaknesses, receive detailed guidance about how to prioritize and fix the discovered issues, and verify that their fixes are effective.
  • "Horizon3.ai’s continued rapid growth depends on attracting the industry’s best talent and supporting them to do their best work,” Runzel said.
  • She has also served as Chief Operating Officer at CoLane Logistics, where she fulfilled pivotal human resources, operations, legal and sales functions.

ExaGrid’s FY 2023 Results—A Record-Breaking Year for Company

Retrieved on: 
Monday, January 8, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240108089855/en/
    ExaGrid’s revenue grew over the previous quarter and the same quarter a year ago.
  • ExaGrid grew at over 20% in 2023 while maintaining positive P&L, EBITDA, and free cash flow for the past 12 consecutive quarters.
  • ExaGrid added 173 new customers in Q4 2023, including 59 six-figure new customer deals and 3 seven-figure new customer deals.
  • ExaGrid’s growth is accelerating, and the company is hiring in all aspects of the business worldwide.

US Companies Take Significantly Different Approaches to Corporate Citizenship

Retrieved on: 
Wednesday, January 3, 2024

NEW YORK, Jan. 3, 2024 /PRNewswire/ -- While leading US corporations provide the public with significant amounts of information on their corporate citizenship activities—which typically include corporate grants, employee volunteerism, and community engagement—they stand out from most of corporate America.

Key Points: 
  • NEW YORK, Jan. 3, 2024 /PRNewswire/ -- While leading US corporations provide the public with significant amounts of information on their corporate citizenship activities—which typically include corporate grants, employee volunteerism, and community engagement—they stand out from most of corporate America.
  • Among top companies, disaster response is the most common topic addressed (included in 66% of reports), followed by racial equality (65%), local community needs (60%), and education (46%).
  • Yet even companies with robust reporting practices are seeking to enhance their reporting, as a way of both improving and proving the value of their activities.
  • A survey of corporate citizenship executives finds that only 40% are satisfied with their reporting.

Wavestone Releases 2024 Data and AI Leadership Executive Survey

Retrieved on: 
Tuesday, January 2, 2024

NEW YORK, Jan. 2, 2024 /PRNewswire/ -- Wavestone has published the results of its 12th annual Data and AI Leadership Executive Survey of Fortune 1000 and Global data leadership.  This year, 95.3% of survey participants held a C-suite title or were their company's corporate head of data and AI responsibilities, with 89.8% holding the title of Chief Data Officer (CDO) or Chief Data and Analytics Officer (CDAO) within their organization.  These executives held their positions during 2023 at over 100 Fortune 1000 and Global data leadership organizations.

Key Points: 
  • NEW YORK, Jan. 2, 2024 /PRNewswire/ -- Wavestone has published the results of its 12th annual Data and AI Leadership Executive Survey of Fortune 1000 and Global data leadership.
  • Wavestone has published its 12th annual Data & AI Leadership Executive Survey of Fortune 1000 & Global data leaders.
  • The Data and AI Executive Leadership Survey has evolved over the past dozen years and is now widely recognized as the longest running survey of Fortune 1000 and global data, analytics, and AI leaders.
  • Major findings of the 2024 Data and AI Leadership Executive Survey are:
    Leading companies continue investments in data and analytics with the expectation of delivering business value.

ZRG Welcomes Patrick Gray, Managing Partner, to Lead Global Aerospace, Defense & Government Services Practice

Retrieved on: 
Tuesday, December 19, 2023

ROCHELLE PARK, N.J., Dec. 19, 2023 (GLOBE NEWSWIRE) -- ZRG, a global talent advisory firm, is pleased to announce the appointment of Patrick Gray as Managing Partner.

Key Points: 
  • ROCHELLE PARK, N.J., Dec. 19, 2023 (GLOBE NEWSWIRE) -- ZRG, a global talent advisory firm, is pleased to announce the appointment of Patrick Gray as Managing Partner.
  • In this role, he will oversee the Global Aerospace, Defense & Government Services practice group.
  • Gray began his executive recruiting career at Korn Ferry and subsequently managed the Aerospace, Defense & Government Services practices at Heidrick & Struggles and two boutique firms.
  • “I know that the Aerospace, Defense & Government Services Practice is in good hands.”
    “ZRG is a dynamic organization with supportive owners and a global footprint poised for tremendous growth.

New Survey Reveals Latin American Tech Boom in 2023 Led by Chile, Brazil, and Colombia

Retrieved on: 
Monday, December 11, 2023

MOUNTAIN VIEW, Calif., Dec. 11, 2023 (GLOBE NEWSWIRE) --  BairesDev®, a nearshore software solutions company, is wrapping up 2023 by unveiling survey findings showcasing insights into Latin America's burgeoning tech talent, substantiating a shift in the global workforce. The company analyzed more than 5 million of its applications between 2019 and 2023 globally, where applications from LATAM increased by 370%. This research highlights the impact of e-migration, a trend of working remotely for global companies without relocating, with more than 90% of BairesDev's 4,000-strong workforce hailing from South America.

Key Points: 
  • The company analyzed more than 5 million of its applications between 2019 and 2023 globally, where applications from LATAM increased by 370%.
  • North American companies alone had a 70% increase in their South American remote workforce in 2022.
  • Key growth trends from the survey include:
    Chile witnessed exceptional growth from 812 applicants in 2019 to 17,839 in 2023, a 2,500% increase.
  • Female applicants increased by 25% in 2023 alone, with Brazilian women leading the growth with a 778% increase from 2019-2023.